Real Estate - GEMWeM | Geneva Master in Wealth Management

Transcription

Real Estate - GEMWeM | Geneva Master in Wealth Management
MASTER OF SCIENCE IN WEALTH MANAGEMENT
MAÎTRISE UNIVERSITAIRE EN GESTION DE PATRIMOINE
REAL ESTATE (S413011) Prof. Martin HOESLI 3 ECTS Semester: Spring Teaching language: English Objective Examine a number of important topics pertaining to real estate and housing in a wealth management context. Description Real estate and housing constitute important assets in institutional and private portfolios. The aim of this course is to examine a number of important topics pertaining to real estate and housing in a wealth management context. Those topics include: the construction of price indexes, real estate liquidity, the behavior of securitized real estate investments with respect to the underlying asset, tenure choice, mass appraisal and housing submarkets, land leverage and house price bubbles. The course is research focused and the discussion of each topic will combine introductory presentations and article presentations by the students. Bibliography Article collection titled Real estate (available at the centrale des polycopiés). Hoesli, M., Investissement immobilier ' Décision et gestion du risque, 2nd Edition, Economica, Paris, 2011 (in French) (optional) Assessment Written exam Part of the grade is based on oral presentations by the students